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Prepare the trial balance for Berkshire Hathaway Inc. as of October 31, 2025, and make necessary adjustments for the following: Accrued interest income: $12,000 Prepaid
Prepare the trial balance for Berkshire Hathaway Inc. as of October 31, 2025, and make necessary adjustments for the following:
- Accrued interest income: $12,000
- Prepaid rent expired during the month: $20,000
- Depreciation expense for the month: $30,000
Include ledger entries for adjustments and provide insights into the financial position.
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